NBCUniversal has decided to cap a 16-year relationship with the National Hockey League, according to two people familiar with the matter, walking away from negotiations with the league, which is poised to triple the rights fees it collects from media companies with a new deal for a package it will launch with AT&T’s Turner Sports.
Turner will share overall rights with Disney’s ESPN, which struck a seven-year deal with the NHL in March that will give it control over a larger share of national games and other NHL properties. All told, these people suggested, Turner is likely to pay around $200 million a year for its NHL package, and ESPN is believed to be paying around $400 million — compared with the $200 million per year that NBC was paying the league for sole control of TV rights.
Turner and NBCU declined to make executives available for comment. An NHL spokesperson could...
Turner will share overall rights with Disney’s ESPN, which struck a seven-year deal with the NHL in March that will give it control over a larger share of national games and other NHL properties. All told, these people suggested, Turner is likely to pay around $200 million a year for its NHL package, and ESPN is believed to be paying around $400 million — compared with the $200 million per year that NBC was paying the league for sole control of TV rights.
Turner and NBCU declined to make executives available for comment. An NHL spokesperson could...
- 4/26/2021
- by Brian Steinberg
- Variety Film + TV
Similar News
Tko Group Posts Better-Than-Expected Revenue In Q1, But UFC Legal Settlement Squeezes Endeavor-Run Combat Sports Outfit
- 5/8/2024
- by Dade Hayes
- Deadline Film + TV
WWE ‘Monday Night Raw’ To Stay On USA Network Through Year-End Before Netflix Shift; Rights Extension With NBCU Valued At $25M
- 5/8/2024
- by Dade Hayes
- Deadline Film + TV
WWE Extends ‘Raw’ Rights Deal With NBCUniversal Through Q4; Tko Posts Solid Q1 Results and Raises Full-Year Financial Guidance
- 5/8/2024
- by Cynthia Littleton
- Variety Film + TV
Breaking: Max Set to Raise Prices This Year as Further Cost-Cutting Hits Warner Bros. Discovery
- 5/8/2024
- by Matt Tamanini
- The Streamable
‘Chad’ Runs Out Of Lives: Nasim Pedrad’s Comedy Canceled After Season 2 On Roku
- 5/7/2024
- by Nellie Andreeva
- Deadline Film + TV
Warner Bros. Discovery CEO David Zaslav Largely Evades Questions About Paramount Global And NBA Talks, Says Executive Pay “Should Be Aligned” With Stock Performance
- 5/6/2024
- by Dade Hayes
- Deadline Film + TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.